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MARKET OUTLOOKSHREECEMSTOCK OUTLOOK

Shree Cement Outlook for the Week (August 21, 2023 – August 25, 2023)

Shree Cement
Shree Cement
Shree Cement closed the previous week on a negative note losing 2.81%.

Technically, Shree Cement share price will see immediate support at 23,282.25 and immediate resistance would be seen at 23,961.00.

If Shree Cement share price closes below immediate support of 23,282.25, then sharp breakdown can be seen. Shree Cement share price will see major support at 23,027.25 for the week.

On the positive side, immediate resistance will be seen at 23,961.00. Closing above 23,961.00, Shree Cement share price will see a sharp breakout. Major resistance for Shree Cement share price will be seen at 24,384.75 for the week.

Trading range for Shree Cement share price for this week should be between 22,603.50 on down side and 24,639.75 on up side.

Shree Cement Previous Week High: 24129.75

Shree Cement Previous Week Low: 23451

Shree Cement Previous Week Range: 678.75 Points

Shree Cement share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 24,639.75
Resistance 2 24,384.75
Resistance 1 23,961.00
Support 1 23,282.25
Support 2 23,027.25
Support 3 22,603.50

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